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GameStop, Tesla, Carnival: What to Watch When the Stock Market Opens Today

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GameStop, Tesla, Carnival: What to Watch When the Stock Market Opens Today

Blissful Monday after the vacation weekend. Right here’s what we’re watching earlier than right this moment’s buying and selling kicks off.

U.S. inventory futures rose following a powerful jobs report and forward of recent knowledge that’s anticipated to indicate restoration within the U.S. providers sector.

Futures tied to the S&P 500 gained 0.6%, indicating that the broad market gauge might rise after the New York opening bell. Dow Jones Industrial Common futures climbed 0.6% and Nasdaq-100 futures added 0.5%. Learn our full market wrap right here.

What’s Coming Up
  • IHS Markit’s U.S. providers index for March is predicted to tick as much as 60.2 from a preliminary studying of 60 when figures are launched at 9:45 a.m. ET.
  • The Institute for Provide Administration’s providers index for March, due at 10 a.m., is predicted to rise to 59.2 from 55.3 a month earlier.
  • U.S. manufacturing facility orders for February, additionally out at 10 a.m., are anticipated to rise 0.3% from a month earlier.
Market Movers to Watch

— GameStop shares tumbled 15% premarket after after the videogame retailer introduced plans to promote as much as 3.5 million shares of its widespread inventory.

—Shares in electrical carmaker Tesla rallied 7.5% in premarket buying and selling.

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